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Message: Can someone 'splain this to me?

Can someone 'splain this to me?

posted on Feb 25, 2008 03:18PM

Shareholders

Top Shareholders

Large Block Owners 6
Total Number of Shares Held 10.3M
% Change in Ownership +1%
% Shares Owned 16%
Monthly RotationNumber
of SharesValue of
Change (MM)% of Shrs.
Outstanding Buyers 2/24/08 26,000,730 $3.21 10.2% Sellers 2/24/08 62,090 $0.01 1.0%
Institutions:
3 Holders
$717,395 Value
1.9% Owned of O/S
Mutual Funds:
0 Holder
-- Value
-- Owned of O/S
Other Major Holders:
3 Holders
$717,395 Value
1.9% Owned of O/S
Institutions
3 Holders
Mutual Funds
0 Holder
Other Major Holders
3 Holders
Monthly rotation..... 26MM shares bought and only 62k shares sold...
I can understand that possibly this accounts for the recent 'dilution' (and the resulting market absorbtion) BUT if only 62k shares have been sold, what does that say for the strength of the shareholders... not wanting to sell at these prices?
Is this assumption correct?
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